Contact Information: Contact: Thomas O'Malley Chief Financial Officer 1-212-785-9300, ext. 267
Tuxis Corporation Announces Second Quarter 2008 Financial Results
| Source: Tuxis Corporation
NEW YORK, NY--(Marketwire - August 22, 2008) - Tuxis Corporation (PINKSHEETS : TUXS ) today
reported its financial results for the second quarter ended June 30, 2008.
Tuxis recorded a net loss of $124,137 or $0.13 per share for the three
months ended June 30, 2008 compared to a net loss of $114,673 or $0.12 per
share for the three months ended June 30, 2007. For the six months ended
June 30, 2008, Tuxis recorded a net loss of $252,343 or $0.26 per share
compared to a net loss of $246,536 or $0.25 per share for the six months
ended June 30, 2007.
The Company's unaudited consolidated balance sheet, statements of income,
and statements of cash flows as of and for the second quarter and six
months ended June 30, 2008 are appended to the copy of this press release
on www.tuxis.com.
Tuxis Corporation is engaged through subsidiaries in real estate
development and self storage. The Company operates Tuxis Self Storage, Clinton,
Connecticut, a 184 unit facility which offers a mix of standard and climate
control units. To learn more about our self storage facility please visit
www.tuxisselfstorage.com. To learn more about Tuxis Corporation, including
Rule 15c2-11 information, please visit www.tuxis.com.
This release contains certain "forward looking statements" made pursuant to
the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. These statements involve known and unknown risks,
uncertainties and other factors, many of which are beyond the control of
Tuxis Corporation, which may cause the Company's actual results to be
materially different from those expressed or implied by such statements.
The forward looking statements made herein are only made as of the date of
this release, and the Company undertakes no obligation to publicly update
such forward looking statements to reflect subsequent events or
circumstances.